Investing Hacks: How to become a rational investor?
What's your investment plan and belief in the new year?
What kinds of mistakes do you want to avoid?
Have you made up your mind to be a more rational investor?
What kinds of mistakes do you want to avoid?
Have you made up your mind to be a more rational investor?
You might be interested in our Investing Hacks this week.
As participants in markets and society, we are vulnerable to the influence of others. Learning is a shared journey, but making decisions should be an independent process based on research.
According to behavior finance, irrationality is inherent in human nature, and we aren’t always consistent in our decision-making.
Here are five most common behavior biases: Loss aversion, anchoring bias, herd instinct, overconfidence bias, and confirmation bias.
Why it matters
Those behavior biases are unconscious, easy to be ignored but play an much important role in investing. The good news is that these implicit biases are not set in stone. The process doesn't have to be quick or easy, but being aware of these biases is a great place to start making changes.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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jwl8338 : Never guarantee what stocks will do.Only invest small amount.Watch the volume of buying.Moo usually let's you know what to invest in ask chatroom.
Gregory Cox : I scheduled to kill three of my cows on the 22and Jan.
TanJames6 : Don’t put all in one basket, diversify risk.
Always stick to your entry and exit plan, ignore the market noise
BlueCollarLowLife jwl8338: does it do that by picking sticks or do you get it by all the info on the site?
富贵健康 : watch too many yutob.Did not pick right stock to buy. Better to buy big and famous companies and pick different kinds
Jollymoney John BlueCollarLowLife: $Futu Holdings Ltd (FUTU.US)$
Venki Kannadasan jwl8338: Thank you for the comment. May I know which chat room does Moo recommend stocks.
Mimako : where to go in chat room
Mimako : where is the chat room? is this the chat room?
meowmeow66 Venki Kannadasan: here at the top right corner at Me page, just general chatroom, moomoo nerver recommend stock, watch courses on moomoo and youtube video before you invest, DYODD
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